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Today News

07

Ukraine to increase long-range strikes in Russia, says UK defence chief

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Admiral Sir Tony Radakin tells the FT fresh military aid will help Kyiv reshape ‘difficult’ land fight against Moscow

Canary Wharf strikes £550mn financing deal ahead of debt deadlines

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Docklands financial estate renegotiates borrowing terms against backdrop of falling office valuations

The ambitions of China’s BYD stretch well beyond electric vehicles

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The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?

Sadiq Khan urges Labour to pursue UK-EU youth mobility deal

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London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposal

BoJ feels inflation heat from Fed’s ‘higher for longer’ shift

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Yen’s 34-year low against dollar complicates task for governor Kazuo Ueda a month after ending negative rates era

From state contracts to a dawn raid: how Europe turned on China’s Nuctech

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Security equipment supplier’s machines are widely used at borders around the continent under public contracts

AI could kill call centres, says Tata Consultancy Services boss

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Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT group

Tesla steers back towards cheaper cars

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Elon Musk seeks to appease the market after 40% stock slide

06

Sunak exposed over NHS queues as Tory seats among UK’s worst areas

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FT analysis underscores PM’s liability, with treatment lists twice as long as 2010 when the party came to power

Is Britain suffering from a ‘sick note culture’?

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Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solution

04

Meta proves AI hype has its limits

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Artificial intelligence is a multibillion-dollar project with no clear timeline for revenues

03

BHP proposes takeover of Anglo American in mining mega-deal

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Combination would bring together two of the industry’s largest companies and comes as copper demand soars

02

Zuckerberg defends Meta’s AI spending spree as shares tumble

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Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidance

UK veterinary deal with EU could boost agrifood exports by 22%, study finds

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Since Brexit, food and drink industry has faced border checks on business with largest trading partner

Employers are using zero-hours contracts to cut wage bills, study finds

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Research by Resolution Foundation will increase calls for reform of UK workers’ rights

01

Jefferies boss sells $65mn in stock to buy a customer’s yacht

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Purchase shines light on wealth accumulated by longtime chief executive Rich Handler

Wednesday, Apr 24

00

McKinsey faces US criminal investigation over opioid industry work

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Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemic

Labour pledges to fully renationalise rail network

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Opposition says it will roll out reforms within first term if it wins UK general election

23

Spanish PM considers quitting as wife faces corruption investigation

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Pedro Sánchez says he will announce decision on his political future next week

Europeans ‘less hard-working’ than Americans, says Norway oil fund boss

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Tangen finds US investments more attractive due to weaker regulations and more risk-taking

22

Columbia’s ‘Gaza encampment’ becomes epicentre of US stand-off

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Anti-Israel slogans echo across Ivy League quad as protests spread across the country

Concord tops Blackstone in bidding war for Hipgnosis

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Offer for music rights group rises to $1.5bn as Apollo-backed investor beats rival’s bid

21

Biden campaign will continue to use TikTok despite divest-or-ban law

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US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger voters

US secretly shipped long-range missiles to Ukraine

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Biden had previously held back Atacms system out of fears of escalating war with Russia

Anti-doping body faces calls for review over Chinese swimmers

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UK agency combating drugs in sport adds to pressure ahead of Paris Olympics over 2020 positive tests

Chinese woman charged in UK with criminal possession of crypto

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Yadi Zhang made initial appearance at Westminster Magistrates Court on Wednesday

Sunak pledge to boost defence spending raises prospect of cuts elsewhere

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Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bn

20

Wife of Spanish PM investigated for alleged corruption

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Judge opens preliminary probe into allegations of influence peddling by Begoña Gómez

19

Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill

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US president says ‘we need to move fast’ as Ukrainian troops falter on front lines